145 N Toluca Street

Los Angeles, CA 90026

$1,250,000

List Price

6

bed Beds

6

shower Baths

3,943 sqft

straighten / sqft

1910

calendar_month Built

Property Description

Investor's Dream: Prime RTI Opportunity Across from Park with Downtown LA Views! This rare RTI (Ready to Issue) property is the investment opportunity you've been waiting for! Situated in a high-demand rental area, this single-family home has approved plans to transform into a lucrative three-unit building. Thoughtfully designed with modern, open floor plans and high-end finishes, this shovel-ready project allows you to break ground immediately after close of escrow no delays, just profit potential! Prime Location: Set across from a lush park with unobstructed views of Downtown Los Angeles, this property offers future tenants a slice of urban paradise, right in the heart of the city. With easy access to LA's best dining, shopping, and cultural hotspots, this location promises high occupancy and premium rental rates. Key Features: RTI Approved: All permits ready, saving you time and money. Three-Unit Conversion: Transform a single-family property into a high-yield, multi-family building. Exceptional Design: Beautiful layouts that appeal to tenants seeking style and functionality. Spectacular Views: Park-front location with stunning vistas of Downtown LA. High Rental Demand: Prime spot for long-term returns in a highly desirable area. This is a turnkey investment opportunity where location, design, and timing come together perfectly. Don't miss out secure this property and start construction without delay. Calling all savvy investors: Contact us today to discuss how this can be the next stellar addition to your portfolio!

Listing Information

List Price $1,250,000
Status Active
MLS 24462509
Type Residential Income
Year Built 1910
Lot Size 3,661
Structure Size 3,943
DOM 22
Courtesy Of Keller Williams Realty Los Feliz
Listing Agent Cristina Dam DRE#02174761
Co-Listing Agent Michael Maloney DRE#01487461

Interior Features

Total Bedroom
Bedrooms 6
Total Bathroom
Bathrooms 6
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Cristina Dam, Michael Maloney, Keller Williams Realty Los Feliz 323-872-9033. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 5th, 2024 at 2:16 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.